How Michael Jordan Became A Billionaire
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The NBA’s $2.66 Billion TV Deal
When the NBA re-upped its deal with ESPN and TNT in October of 2014, every franchise saw its value increase. The combined impact of the TV deal and the 2011 CBA probably tripled the Hornets value. The mark of a true hustler is how they flip an investment, and MJ earned high marks for the Hornets move.
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